Plains GP Holdings
PAGP
255 hedge funds and large institutions have $2.17B invested in Plains GP Holdings in 2023 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 88 increasing their positions, 99 reducing their positions, and 32 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
1% more capital invested
Capital invested by funds: $2.14B → $2.17B (+$32M)
3% less funds holding
Funds holding: 263 → 255 (-8)
3.48% less ownership
Funds ownership: 88.54% → 85.05% (-3.5%)
11% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 99
16% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 32
17% less call options, than puts
Call options by funds: $17.5M | Put options by funds: $21M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$33.1M |
| 2 |
SAM
Simplify Asset Management
Las Vegas,
Nevada
|
+$13.8M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$12.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$9.91M |
| 5 |
CCM
Cinctive Capital Management
New York
|
+$9.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$40.3M |
| 2 |
Millennium Management
New York
|
-$23.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$15.4M |
| 4 |
Renaissance Technologies
New York
|
-$14.5M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$13.4M |
PAGP Hedge Fund Activity: Q1 2023 in Review
255 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Plains GP Holdings (PAGP) for Q1 2023, worth a combined $2.17B — up 1.5% from $2.14B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of PAGP and 27 opened new positions — a net loss of 5 holders — while 99 trimmed existing stakes and 88 added.
The largest buyer was Energy Income Partners, adding an estimated $33.1M. The largest seller was Goldman Sachs, cutting an estimated $40.3M.
- 255 institutional investors held Plains GP Holdings (PAGP) as of Q1 2023, down from 263 in Q4 2022.
- Funds reported $2.17B of Plains GP Holdings stock for Q1 2023, up 1.5% quarter-over-quarter.
- 27 funds opened new Plains GP Holdings positions in Q1 2023 and 32 closed out, a net change of -5 holders.
- The largest Plains GP Holdings buyer in Q1 2023 was Energy Income Partners, an estimated $33.1M added.
- The largest Plains GP Holdings seller in Q1 2023 was Goldman Sachs, an estimated $40.3M sold.
Based on aggregated 13F filings for Q1 2023.